US EditionBitcoin (BTC) Treasury News: K Wave Media Aims to Be Korea's Metaplanet
- On June 4, 2025, K Wave Media, a Cayman Islands–headquartered entertainment company with Korean operations, announced plans to invest $500 million in Bitcoin as part of a treasury reserve strategy.
- This investment follows corporate trends like Japan's Metaplanet Inc., which adopted a Bitcoin reserve strategy and became 2024's top-performing global stock with over 4,000% return, signaling growing institutional confidence.
- K Wave's strategy includes purchasing and holding Bitcoin long-term, operating Lightning Network nodes, investing in Bitcoin-native infrastructure, and integrating Web3 into its media and K-pop businesses to enhance decentralized engagement.
- K Wave chairman Choi, Pyeungho described the company's decision to adopt Bitcoin as a treasury asset as a forward-thinking strategy that highlights the increasing integration of digital media with decentralized finance. Meanwhile, co-CEO Ted Kim emphasized that Bitcoin provides a platform for innovation, autonomy, and expansion on a global scale.
- This approach reflects K Wave's effort to strengthen its balance sheet amid volatile crypto markets, promote long-term shareholder value, and position itself as Korea's metaplanet, though investors are cautioned about the high risks involved.
20 Articles
20 Articles
K Wave Media, Inc. (Nasdaq: KWM) ('K Wave” or the 'Company”) Announces entering into a securities purchase agreement for $500 Million Equity Purchase Facility to Support Bitcoin Treasury Strategy
KWM declares strategic intent to become 'the Metaplanet of Korea,” following the model of Metaplanet Inc., 2024's top-performing global stock with a return of over 4,000%
K Wave Media, Inc. (Nasdaq: KWM) (“K Wave” or the “Company”) Announces entering into a securities purchase agreement for $500 Million Equity Purchase Facility to Support Bitcoin Treasury Strategy
K Wave Media, Inc., the first Korean media alliance listed on Nasdaq, entered into a securities purchase agreement with Bitcoin Strategic Reserve KWM LLC....
Nasdaq Firm Plans $500M Bitcoin Treasury, Boosts One Top Altcoin
Having a strategic Bitcoin reserve is becoming quite popular among business houses and corporations, with K Wave Media (KWM) being the latest company to join the trend. This Korea-based media alliance has announced its plans to raise a whopping $500M for a Bitcoin reserve and adopt a Bitcoin-first strategy. The company plans to develop an entire ecosystem around $BTC, allowing users to buy concert tickets, albums, and even vote on the platform u…
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